Uncertainty over the outlook due to higher raw-material prices, yen depreciation and financial-market instability
First written in FY2023-Q2. 7 of 10 entries say "Restated". Latest entry: 2026-05-15.
Cynd moved to the "Worse" side of this theme in 2026, 4 years after the typical company in this theme (2022).
The whole theme swung hardest in 2020: 40 of 57 companies on the "Worse" side.
37 other companies' latest entry also says "Worsened".
- 2026-05-15WorsenedRevision of earnings forecasts
「Meanwhile, as price increases centered on essential goods continue, consumers are becoming increasingly selective about their spending.」
Indicates that, in addition to continued price increases, consumers are becoming increasingly selective in their spending. - FY2026-H1RestatedAnnual report
「Although personal consumption may continue to trend moderately higher, supported by improving employment and income conditions, the outlook for the economy remains uncertain as the slowdown in overseas economies and inflationary pressures weigh on it.」
While indicating the possibility of an improvement in personal consumption, it continues to cite uncertainty over the outlook due to the slowdown in overseas economies and inflationary pressures. - FY2025-H1RestatedAnnual report
「During the interim consolidated accounting period, Japan's economy continued to recover moderately amid improving employment and income conditions and the effects of various policies. However, the outlook remained uncertain due to risks that continued high interest rates in Europe and the United States and other factors could lead to a downturn in overseas economies and weigh on Japan's economy, as well as the effects of rising prices and fluctuations in financial and capital markets.」
While indicating an economic recovery, it continues to identify high interest rates in Europe and the United States, a downturn in overseas economies, rising prices and fluctuations in financial and capital markets as sources of uncertainty and risks. - FY2024WorsenedAnnual report
「During the consolidated fiscal year, Japan's economy was gradually recovering, supported by improving employment and income conditions and the effects of various policies following the reclassification of COVID-19 to Category 5. However, consumer spending showed some signs of stalling according to the consumption trend index. The economic climate remained challenging due to further inflation, stagnation in export industries accompanying China's economic slowdown, and the Noto Peninsula Earthquake.」
In addition to the previous price and foreign-exchange factors, further inflation, China's economic slowdown and the Noto Peninsula Earthquake are cited as concerns in the economic environment. - FY2024-Q3RestatedAnnual report
「During the cumulative third quarter, Japan's economy was moving toward normalized economic activity as restrictions related to COVID-19 were eased, and a gradual economic recovery was progressing. However, the outlook remained uncertain, with rapid yen depreciation and higher prices posing concerns about adverse effects on the economy.」
While the impact of COVID-19 eased, uncertainty in the economic environment due to the rapid depreciation of the yen and higher prices continued to be cited. - FY2024-Q2RestatedAnnual report
「However, amid unstable international conditions, the outlook remained uncertain due to persistently high raw-material and energy prices and rising prices.」
While the impact of COVID-19 eased, uncertainty in the economic environment due to soaring raw-material and energy prices and rising prices continued to be cited. - FY2024-Q1RestatedAnnual report
「During the cumulative first quarter, Japan's economy was showing signs of recovery in personal consumption as various restrictions related to COVID-19 were eased, and a gradual economic recovery was expected. However, the outlook remained uncertain due to factors including soaring raw material and resource prices.」
While indicating that the impact of the pandemic had eased and expectations for economic recovery had grown, it continued to identify soaring raw-material and resource prices as sources of uncertainty in the economic environment. - FY2023RestatedAnnual report
「During the consolidated fiscal year, Japan's economy showed signs of gradually returning to normal as the relaxation of restrictions on activities related to COVID-19 and the effects of various policies led to a recovery in the movement of people. However, the outlook remained uncertain due to rising prices accompanying soaring resource and energy prices and sharp fluctuations in foreign exchange rates.」
While indicating that the impact of the pandemic had eased and movement of people had recovered, it continued to cite uncertainty arising from resource and energy prices and foreign-exchange fluctuations. - FY2023-Q3RestatedAnnual report
「During the cumulative third quarter, Japan's economy showed signs of a gradual recovery as restrictions on activities related to COVID-19 were eased and various policies took effect. However, the outlook remained uncertain due to factors including inflation caused by yen depreciation and soaring resource prices.」
Rising prices caused by yen depreciation and higher resource prices continue to be cited as sources of uncertainty in the economic environment. - FY2023-Q2First statedAnnual report
「Financial-market instability also continued, including soaring raw-material prices and an accelerating depreciation of the yen, and the outlook remained uncertain.」
Higher raw-material prices, the accelerating depreciation of the yen and financial-market instability are cited as new sources of uncertainty in the economic environment.